Shanghai Market Soaring

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Uploaded by on Sep 13, 2009

China's economy has weathered the world recession fairly well. As Terry McCarthy reports, one major Chinese city, the real estate market is booming like its 2007.

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News & Politics

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  • funny this was flim 2009 real estate prices has not come down.

  • @DannyChan333 he said since janurary ther price go way up

  • This sort of thing make me suspicious all translation in media now. Since I understand Chinese, I know the translation are wrong and misleading, but what about arabic and persian? Btw, the housing prices quoted in the video seemed too high for shanghai. As 3 million yuan (~500K USD) could you a much better condo than ones show in the vid. While 33 million yuan (~5Mil USD) can get you a manor house. median housing price in Shanghai is 18K (~2.6K) yuan per sq. meter (9 sq. ft)

  • 0:33 the translation is completely different..

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